The real estate buying process can be stressful if it is your first time. The NH first time buyer information in this blog will help. Real estate is a big financial investment and buyers should start with as much information as possible.

Before Purchasing

Get Qualified

Contact a local loan officer and receive a pre-approval. Different lenders may offer varying alternatives. Evaluate the services and applicable charges to identify the best program. This will help you understand the potential up-front and monthly costs of real estate ownership. This also helps identify your price range.

Getting Help from an Agent

Find a real estate broker to assist with your home purchase. Select one that best fits your personality. Experienced agents will help find listings, submit offers, and ensure a less stressful transaction. This guidance will be extremely important first time buyers.

Buying Process Information

Property Showings

Only consider real estate within your budget. This prevents the disappointment of wanting real estate that is not possible for you to purchase. Touring homes will take significant time and energy, so sticking to your price will also prevent wasting of time.

Legal Paperwork

Real estate agents can offer advice on contracts and help you negotiate them, but they may not practice law. If you require a legal opinion, look into hiring a real estate attorney to explain legal jargon and make any desired changes to them. Do not sign any documents that you do not fully understand.

Home Inspections

Do not use an inspection to address price or alter contract terms as they sometimes do not identify any issues at all. Also stay away from negotiating known problems. Such strategies often fail and may cause you to waste the inspection costs. In situations where defects are found, homeowners may agree to repair defects, offer a credit towards closing expenses, or be unable to offer anything. Try to be reasonable with your negotiations and the other party may be more willing to accommodate them.

Walk-Thru Prior to Closing

Shortly before the closing, you usually have a chance to walk thru the property one more time. Try and make this after the occupants have moved out. If any issues are present during this visit, you should resolve them prior to completing closing paperwork.

Property Closings

You will need acceptable identification for the closing. Bring acceptable funds for any money due. Also bring your checkbook in case there are any unpredictable adjustments. Once the settlement paperwork is filed, the home is yours!

Advanced NH First Time Buyer Information

The property buying process can be easier with some advanced understanding. For assistance with your real estate purchase and additional NH first time buyer information, contact Donna DuFour at Accurate Title by calling 800-639-4405 or by emailing